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Apr 21, 2010

Tottenham clear up mystery of £1m Begovic fee

Tottenham have moved to clear up the mystery of a £1 million payment they requested from Portsmouth for goalkeeper Asmir Begovic.

• Report: Pompey owe the milkman
• Portsmouth reveal £119m debt
• Mystery surrounds Begovic payment

Begovic was never actually sold to Spurs as he instead chose to join Stoke at the close of the winter transfer window, but a £1 million payment was still included on the full list of creditors released on Wednesday.

Tottenham said that talk of a ''sell-on fee'' was not true, as was the statement that Begovic had ever been a Spurs player. In fact, they were looking for payment because they paid a joint sum to Pompey for Begovic and Younes Kaboul and were simply looking for a refund when the goalkeeper didn't join them.

A statement on the Tottenham website read: ''The club can confirm that it has invoiced Portsmouth Football Club for £1 million in respect of the failure of the joint transfer of Younes Kaboul and Asmir Begovic to Spurs and in accordance with the agreement of 30 January 2010 between both clubs.

''The statement contained within the administrator's report released yesterday (21/04/10) that it relates to a sell-on fee for Begovic is inaccurate, as is the statement that the player was registered with Tottenham Hotspur Football Club.

''Our original agreement with Portsmouth was for the purchase of two players for a combined, agreed price. The transfer of Younes Kaboul was completed and Portsmouth pressed for an immediate payment in order to alleviate their cashflow situation. We were assured that the transfer of Begovic would be completed before the end of the transfer window.

''In order to assist Portsmouth with their financial difficulties, we paid Portsmouth an agreed sum of money, whilst at the same time concluding an agreement that, should Begovic be sold or loaned to any club other than ourselves, we would be repaid the sum of £1 million. Portsmouth were keen to openly and freely agree to this surety.

''Our intention had been to assist a fellow club in financial difficulties whilst at the same time protecting our commercial position. We shall continue to do the latter and trust that this statement clarifies the position.''

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